Ghost of Truth on Nostr: Revaluation Of The Real Estate Sector Would Be Key To Social Stability The ...
Revaluation Of The Real Estate Sector Would Be Key To Social Stability
The accelerated-expansionary monetary policy of recent decades has made the most important social good in our society unaffordable for the majority of people: home ownership! The massive debt policy pursued by the states in order to buy the goodwill of voters with the money printer through supposedly social initiatives is now having a fast growing and destructive effect when it comes to people realizing the dream of home ownership.
Once set in motion, the lending banks in particular cannot afford for these properties to significantly lose value and thus become more affordable again for potential buyers. Shrinking balance sheets also mean problems with refinancing these institutions, which is why politicians and central banks are keen to keep inflating the real estate bubble.
A terrible and destructive development. It is high time that this monetary premium over the utility value of homes flows into real savings vehicles such as Bitcoin or Gold. This is social justice, it would be responsible policy to open up the widest possible channels to make this possible.
#realestate #inflation #centralbanks #bitcoin #gold
The accelerated-expansionary monetary policy of recent decades has made the most important social good in our society unaffordable for the majority of people: home ownership! The massive debt policy pursued by the states in order to buy the goodwill of voters with the money printer through supposedly social initiatives is now having a fast growing and destructive effect when it comes to people realizing the dream of home ownership.
Once set in motion, the lending banks in particular cannot afford for these properties to significantly lose value and thus become more affordable again for potential buyers. Shrinking balance sheets also mean problems with refinancing these institutions, which is why politicians and central banks are keen to keep inflating the real estate bubble.
A terrible and destructive development. It is high time that this monetary premium over the utility value of homes flows into real savings vehicles such as Bitcoin or Gold. This is social justice, it would be responsible policy to open up the widest possible channels to make this possible.
#realestate #inflation #centralbanks #bitcoin #gold